Dick's: Fiscal Q4 Earnings Snapshot

CORAOPOLIS, Pa. (AP) — CORAOPOLIS, Pa. (AP) — Dick's Sporting Goods Inc. (DKS) on Thursday reported fiscal fourth-quarter profit of $296.4 million.

The Coraopolis, Pennsylvania-based company said it had net income of $3.57 per share. Earnings, adjusted for non-recurring costs, came to $3.85 per share.

The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $3.35 per share.

The sporting goods retailer posted revenue of $3.88 billion in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $3.78 billion.

For the year, the company reported profit of $1.05 billion, or $12.18 per share. Revenue was reported as $12.98 billion.

Dick's expects full-year earnings to be $12.85 to $13.25 per share, with revenue in the range of $13 billion to $13.13 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DKS at https://www.zacks.com/ap/DKS